PARKEN Sport & Entertainment Balance Sheet Health
Financial Health criteria checks 3/6
PARKEN Sport & Entertainment has a total shareholder equity of DKK1.4B and total debt of DKK1.2B, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are DKK3.6B and DKK2.2B respectively. PARKEN Sport & Entertainment's EBIT is DKK619.3M making its interest coverage ratio -39.6. It has cash and short-term investments of DKK204.9M.
Key information
89.5%
Debt to equity ratio
DKK 1.24b
Debt
| Interest coverage ratio | -39.6x |
| Cash | DKK 204.90m |
| Equity | DKK 1.39b |
| Total liabilities | DKK 2.22b |
| Total assets | DKK 3.60b |
Recent financial health updates
Is PARKEN Sport & Entertainment (CPH:PARKEN) Using Too Much Debt?
Feb 25
Is PARKEN Sport & Entertainment (CPH:PARKEN) A Risky Investment?
Sep 29Is PARKEN Sport & Entertainment (CPH:PARKEN) A Risky Investment?
Jun 13Is PARKEN Sport & Entertainment (CPH:PARKEN) Using Debt In A Risky Way?
Dec 28Recent updates
PARKEN Sport & Entertainment (CPH:PARKEN) Is Doing The Right Things To Multiply Its Share Price
Oct 08Shareholders Can Be Confident That PARKEN Sport & Entertainment's (CPH:PARKEN) Earnings Are High Quality
May 24Returns On Capital Are Showing Encouraging Signs At PARKEN Sport & Entertainment (CPH:PARKEN)
Dec 02Returns On Capital Are Showing Encouraging Signs At PARKEN Sport & Entertainment (CPH:PARKEN)
Aug 30Is PARKEN Sport & Entertainment (CPH:PARKEN) Using Too Much Debt?
Feb 25Is PARKEN Sport & Entertainment (CPH:PARKEN) A Risky Investment?
Sep 29Is PARKEN Sport & Entertainment (CPH:PARKEN) A Risky Investment?
Jun 13How Much Of PARKEN Sport & Entertainment A/S (CPH:PARKEN) Do Insiders Own?
Feb 03Is PARKEN Sport & Entertainment (CPH:PARKEN) Using Debt In A Risky Way?
Dec 28Shareholders Of PARKEN Sport & Entertainment (CPH:PARKEN) Must Be Happy With Their 56% Return
Nov 23
Financial Position Analysis
Short Term Liabilities: PARKEN's short term assets (DKK673.3M) do not cover its short term liabilities (DKK685.9M).
Long Term Liabilities: PARKEN's short term assets (DKK673.3M) do not cover its long term liabilities (DKK1.5B).
Debt to Equity History and Analysis
Debt Level: PARKEN's net debt to equity ratio (74.8%) is considered high.
Reducing Debt: PARKEN's debt to equity ratio has reduced from 149.3% to 89.5% over the past 5 years.
Debt Coverage: PARKEN's debt is well covered by operating cash flow (25.2%).
Interest Coverage: PARKEN earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 05:05 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PARKEN Sport & Entertainment A/S is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Steven Brooker | SEB |